You have just purchased a 10 year 1000 par value bond the


You have just purchased a 10 year, $1000 par value bond. the coupon rate on this bond is 5.5 percent annually with interest being paid each 6 months. If you expect to earn a 10.2 simple rate of return on this bond, how much do you pay for it?

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Financial Management: You have just purchased a 10 year 1000 par value bond the
Reference No:- TGS01395488

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